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  • Derf December 2015
  • Ted December 2015
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Housing Starts And Building Permits Both Increase 10%+

TedTed
in Off-Topic
FYI: Housing Starts and Building Permits for November both surprised to the upside today, which should help to further justify a rate hike following this afternoon’s FOMC meeting. As shown in the table to the right, Housing Starts came in at a seasonally adjusted annualized rate (SAAR) of 1.173 mln versus estimates of a gain of 1.130 mln. Permits were even stronger, exceeding expectations by 139K (1.289 mln vs 1.150 mln). For permits, today’s report was the strongest relative to expectations in nearly a decade (February 2006).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/houssing-starts-and-building-permits-both-increase-more-than-10/

Comments

  • Derf
    edited December 2015
    @Ted How highly does this article put Bespoken while below is post on home sentiment in the opposite direction ?
    Home Builder Sentiment Declines ,posted 12/15
    Derf
  • TedTed
    @Derf: Today's numbers were a surprise ! Sentiment is one thing, the actual numbers tell a different story.
    Regards,
    Ted
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